Why Microchip Technology (MCHP) Shares Are Getting Obliterated Today
Shares of analog chipmaker Microchip Technology (NASDAQ:MCHP) fell 7% in the morning session after the company reported ...
Microchip price target lowered to $56 from $68 at Truist
Truist lowered the firm’s price target on Microchip (MCHP) to $56 from $68 and keeps a Hold rating on the shares. The company missed estimates ...
Why Microchip would rather borrow money to pay its high dividend than cut it
Excluding nonrecurring items, such as restructuring costs and the effects of share-based compensation, adjusted earning per share of 20 cents missed the FactSet consensus of 27 cents. The margin of ...
Piper Sandler cuts Microchip stock target to $65, keeps overweight
Piper Sandler adjusted its outlook on Microchip Technology (NASDAQ:MCHP) shares, reducing the price target to $65 from the previous $85 while maintaining an Overweight rating on the stock. The firm's ...
Microchip price target lowered to $75 from $85 at B. Riley
B. Riley analyst Craig Ellis lowered the firm’s price target on Microchip (MCHP) to $75 from $85 and keeps a Buy rating on the shares. The ...
Newsable Asianet News on MSN23h
Microchip Stock On Track To Hit 4-Year Low After Q3 Earnings Miss, Weak Guidance: Retail Stays Bullish
Microchip Technology Inc. (MCHP) stock dropped nearly 6.5% in pre-market trading on Friday after the semiconductor company ...